SpaceX IPO
SpaceX is poised to have the biggest IPO ever, with a projected valuation of $1.5 trillion and $28.5 trillion in future revenue [2]. This comes as the company is set to go public next month. In comparison, other large U.S. deals include those of Alibaba, Facebook, and Visa [1]. The valuation of SpaceX is expected to be the largest in history.
Nvidia Earnings
Nvidia Corporation has reported a surge in Q1 FY27 earnings, with 85% revenue growth and strong margins [3]. The company's Data Center segment also saw significant growth, reaching $75.2B. This earnings update is a positive sign for NVDA investors.
Market Performance
The Vanguard Mid-Cap ETF is quietly beating the S&P 500 with a fifty year old strategy [4]. The ETF has roughly $94 billion in assets and a 0.04% expense ratio. This gap in the market is the reason the Vanguard Mid-Cap ETF exists, and it is providing a meaningful alternative to the SPY.